Lethbridge, Alberta T1H1A5
2 beds• 2 baths• 878 sqft
This Neat and tidy Bungalow is ready for its next family. From its quiet Cul-de-sac location to its massive lot, this home must be seen! The home features a nice comfortable layout to accommodate both a great living room and kitchen space along with two good sized bedrooms upstairs. The owner has done extensive work to both the yard and the downstairs to make this home an appealing family home on both levels and even the outdoor space! The downstairs went from 1970's wood paneling, to a modern living space with a complete renovation including 2 bedrooms and a bathroom and a great space for just hanging out! Don't wait on this one......Contact your favorite Realtor and book your showing! (id:39198)
● Building Type
House
● Year built
1968
● Square Footage
878 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
2
● Parking
2
● Neighbourhood
Majestic Place
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
2 days
Home price
$389,900
I want to start the program with
an initial down payment of
Minimum 2% of the home price or $5,000 whichever is higher
The higher the initial deposit, the lower the monthly payments
$3,535/month
The payment includes
Rent
$3,047
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$488
Each month, $488 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$451,358
Cumulative Down Payment
$22,568
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,568
Buyback Price
$409,395
Cumulative Down Payment
$10,856
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,856
Buyback Price
$429,865
Cumulative Down Payment
$16,712
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,712
Buyback Price
$451,358
Cumulative Down Payment
$22,568
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,568
There is no minimum rental terms. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
Rent-to-Own This Home for
This home is listed on realtor.ca. Requity Homes doesn‘t own it—yet. But if it fits your budget and meets our criteria, we can buy it for you through our rent-to-own program.
You move in with as little as 2% down. Part of your monthly payment builds your future down payment. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
No Hidden Fees, No Hidden Costs - Requity pays legal fees, title insurance and land transfer tax when Requity buys the home upfront. Client pays for inspection.
Client initial deposit is applied directly to the down payment when clients are ready to buy the home.
Few ways to reduce your monthly payments
• Look at homes with a lower price
• Put down a higher initial down payment
• Sublet the rooms for extra income
Recently Listed Homes in Lethbridge, AB
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat kind of homes do you have?
Is there a down payment required for rent-to-own?
How does the Pricing work?
How does rent-to-own work?
what are the requirements for rent-to-own?
What is the interest rate?
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.